Donating blood for money can be a source of income during economic hardship, but not all blood banks pay for donations. Donors must meet criteria and should not expect to get rich, as most facilities pay $20-$40 per donation, with a maximum of twice a week. Most places pay for plasma, not blood, and donors can make up to $200 per month, with rare exceptions for specific medical interest.
In times of economic hardship, people often look for alternative sources of income, especially if they live in an area where jobs are scarce. One of the areas that people often look into is how to give blood for money, as it is something most people are familiar with from movies or television shows. It is true that, if you are an eligible donor, and if there is a blood bank in your area interested in paying for your blood, it can be a good source of income. Before you rush in donating, however, there are a few things you should know.
For one, not all blood banks pay for blood donations. In fact, the vast majority are donation-driven, with regular drives attracting donors to fill their tanks. In certain areas, or during certain times, these banks may be willing to pay donors, but typically they simply ask people to donate out of the kindness of their hearts. While you’ll get the warm feeling that you’ve potentially helped save a life, and probably a cookie and some juice, you’re not getting any cash from most of these places. For this reason, it’s important to call ahead of any facility you’re considering to see if they pay for blood or if they rely on donations.
So, make sure you meet the necessary criteria to make yourself a suitable donor. You should never lie to any of the questions asked, as it can jeopardize your payment, put others at risk and potentially expose you to liability. You should not try to donate blood for money if you are currently ill, have blood borne diseases, pass out around needles, have low iron levels, or have been to countries where diseases such as dengue fever or malaria are currently a problem. Check ahead to see the list of requirements at any facility you choose to go to, as some may have even stricter criteria. For example, some facilities don’t allow gay men who have had sex with other men to donate blood.
Don’t expect to get rich when you donate blood for money. Most facilities pay $20 US Dollars (USD) to $40 USD for a single donation, and some will allow you to donate up to twice a week. More than this can cause health risks, as your body needs a certain amount of blood to function at full health. Most facilities stamp you in some way to make sure you don’t donate more than is healthy at any given time. Many facilities pay less the first time you donate and pay more for subsequent visits once they know your blood is good for them.
Most places actually pay for the plasma, the binding agent in the blood, not the blood itself, although some will pay for the platelets. In general, however, keep in mind that you won’t make more than $200 USD per month at most. The one rare exception to this is if you happen to have blood of specific medical interest, in which case you may be offered much more for your donations, sometimes as much as $200 USD per donation.
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